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Ethusdtforecast

#ETHUSDT: Three Major Targets Zones, Final Target at $4500 The current price action suggests that the asset is consolidating within a range of $2100 and $2500. This accumulation phase appears to be nearing its conclusion, indicating a potential shift in market sentiment. Based on technical analysis and market observations, we anticipate a strong bullish price distribution that could propel the asset to an all-time high. A strategic entry point at $2500 presents an opportunity for a significant swing buy trade. This entry level has the potential to drive the price towards its all-time high of $4500. To achieve this target, we have established three key milestones. The first target is the $3000 region, which we believe is within reach in the near term. The second target is $3800, which may require a longer timeframe due to the distance from the current price and the need for robust fundamental support. Finally, the ultimate target of $4500 is projected to take several months to materialize and may involve temporary corrections along the way. We extend our best wishes to all investors and traders. Your support through likes and comments on this analysis is greatly appreciated, as it motivates us to continue providing valuable insights and market analysis.
Long
by Setupsfx_
18
#ETHUSDT: Ready to Explode, Get Ready For Big MoveDear Traders, Hope you are doing great, we have an excellent update on ETH, possibility of big move is inevitable. We wanted to make sure that we have right area to buy eth and that is why we were watching the crypto pair since long time now. Now we think there is high possibility of price touching the previous HH on daily and monthly candle. Please be minded that, this is not 100% confirm and instead take this as a possibility.
Long
by Setupsfx_
5
#ETHUSDT: $4500 is the next Target! Upcoming Swing Buy!Dear Traders, Hope you are doing great, price mitigated earlier than what we had planned, now it currently trading at around the bearish trendline, although, price has rejected twice at the trendline. We still expect price to breakthrough and continue the bullish momentum towards $4500. Many things to notice here if price do not breakthrough and decide to drop further then it will like to drop below previous low which will directly take out the sell side liquidity. We need to monitor the price as it progress, if it does breakthrough the region then we will have a strong chance of buying swing. Team Setupsfx_
Long
by Setupsfx_
ETH target 20004h time frame - ETH hit the resistance from downtrend line which is the top of a falling channel. ETH stays longer than previous times it reached this downtrend line, this is a sign shows comparable strong information. Therefore, ETH has high possibility to break out this channel, and we can have higher target like 2000 and 2200 if break above the structure. Also, ETH get a support at 0.618 Fibonacci Projection and keep consolidating, this is clear for setting SL. TP: 1880 / 2000 / 2200 SL: 1735
Long
by EthanTW
ETH Crab Pattern (short entry 1880)4h time frame - ETH creating a potential bearish harmonic pattern_crab, which utilizes 1.618 Fibonacci Projection of the XA(1745.84~1531.08), the calculated PRZ(Potential Reversal Zone) is around 1880. Also, range 1839~1933 is the resistance zone we talked before, which is made of 0.618~0.786 Fibonacci Retracement, and there is the S/R, too. In conclusion, 1880 will provide a comparable resistance for ETH, and might be the last chance to open short before end of this bear market.
by EthanTW
ETH clear bottom 13004h time frame - This market tends to fall in near future, but cannot make a huge dump without a continuation structure. Therefore, ETH is creating a potential rising channel or can be defined as a bearish flag, which will provide more momentum for further dump. It's not hard to realize due to concept about "Stop Hunting", market always tries to liquidate as much as possible before going towards the true direction. According to the potential continuation structure, Ethereum will keep consolidating as a flag, and the great price range to short at 1765~1791, target is 1309. Do not miss it!
Short
by EthanTW